As prediction markets boom, questions arise over who will be the watchdog
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Source: CNBC
Published: 2026-07-17 01:16 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Economy & Finance, Financial Markets, Law & Courts, Commodities, Business & Economy
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Snippet:
The Commodity Futures Trading Commission has been the lead regulator on event contract exchanges for over 30 years after it issued a 1992 ruling on the Iowa Electronic Markets, widely recognized as the first prediction market.
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